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NOT-SO-SUBTLE THREAT: Doral "intends to exercise all legal remedies available to it to enforce collection and protect the interests of Doral and its stakeholders," Doral CEO Glen Wakeman wrote in a May 9 letter to Puerto Rico's Treasury Secretary.

Doral Threatens Puerto Rico with Legal Action Over $230M

Doral, under pressure from the FDIC to boost capital or sell assets, is demanding a refund from the territory tied to certain receivables. The capital issue prompted to downgrades from several ratings agencies.

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